The Loop: Australia’s economy continues to grow, Nick Kyrgios pulls out of US Open, controversial beer gets new name

Hi.this is Wednesday, September 7 And I’m reading The Loop, which summarizes today’s news.

ABS dropped the latest set of economic data. Australia’s economy grew by 0.9% In April, May and June it was 3.6% and last year it was 3.6%.

that is Australia’s third consecutive quarter of economic growthlast recorded a contraction in the Sept. 2021 quarter after the onset of Delta.

ANZ senior economist Felicity Emmett said Australia’s more likely to avoid recession“Given how strong households and businesses are in [in] We are entering this rate hike cycle.”

But accountant Jim Chalmers said the numbers were “robust” but didn’t “tell the full story about our economy”. 2 months or more Since the data was recorded.

“Part of the pressure [Australians] And growing on our supply chain, it rising interest rates, Worsening world situation of course expensive rising inflation,” He said.

want to know more? Interviewed by business reporters Michael Janda and Rachel Puppazoni.

A woman is choosing fruit in the supermarket.
Household spending increased in the June quarter as the first wave of Omicron ended.(Pexels: Anna Schwedz)

Two 14-year-old girls, a 15-year-old girl, and two boys aged 15 and 16 died overnight in a horrific car crash south of Sydney, with an 18-year-old male driver being the sole survivor.

Here’s what we know about this tragedy.

  • Shortly before 8pm last night at East Parade in Buxton near Picton, a teenager was traveling in his Nissan Navara ute when it crashed into a tree.
  • Ute is Register as a four-seater but was 6 seater at the time of the crash
  • According to police, the driver was in his car Temporary P2 License Says it’s investigating whether speed was a factor
  • The driver has been discharged from Liverpool hospital after being treated non-life-threatening injuries and was arrested police investigation
  • A first responder on the scene described it as “terrifying,” The vehicle was almost unrecognizable
  • John Van de Putt, who lost his daughter Lily in the accident, said: “I hold no grudge against the driver. go through hell
Flowers next to a tree with a police car in the background
Local residents left flowers at the scene of the fatal accident.(ABC News: Harriet Tatham)

News alerts you may have missed

  • Nick Kyrgios out of range of US Open After losing to Russia Karen Khachanov In Flushing Meadows’ 5-set thriller. It was the Australian’s best-ever result at the US Open, but video of the crowd shows he was frustrated by the loss. hit two rackets After the game.
  • man shot by police A police officer serving a search warrant in an apartment was stabbed in the face. kangaroo point, this morning in the inner south of Brisbane. This was his third police shooting in less than three weeks and Queensland’s Ethics and Standards Command has launched an investigation into the police response.
A Queensland Police officer stands by his bike to close the river terrace at the scene of the Kangaroo Point shooting
Police blocked the road Wednesday morning.(ABC News: Merton Doblas)
  • president of east timor Jose Ramos Horta He has said there are no Chinese military bases in his country and will not allow “any hostile force” to be stationed in the region.he says East Timor It is “responsible” to neighboring countries, including Australia, Indonesia and other Southeast Asian countries.

What Australia is looking for online

  • Leah Michelle. not one actor four standing ovation (and finished the show receiving a total of seven) before a break for her first performance as Fanny Blythe in a Broadway musical funny girlShe later stepped into the role Beanie Feldstein Production ended in July.
  • Commonwealth Bank. A technical glitch has resulted in two transaction charges this week and we are asking our customers to double-check their bank statements.

Another: Colonial Brewing Changes Name

of Colonial Brewing Company of Western Australia CBCo Brewingafter consultation with employees, stakeholders and customers.

In June 2020, the company black lives matter movement and an international push remove monuments recognizing colonial figures.

CBCo Brewing said the decision “would be for the better”. Reflects modern taste It connects us as a business,” but the beer itself remains the same.

Six packs of Colonial Brewing beer on shelf
You won’t see cans like this in bottle shops anymore.(ABC)

you are up to date

I will be back tomorrow.



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